Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC – Get Free Report) declared a monthly dividend on Thursday, April 16th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.1025 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Tuesday, June 23rd.
Flaherty & Crumrine Preferred Securities Income Fund Trading Up 0.2%
NYSE FFC opened at $16.06 on Friday. The business’s fifty day moving average is $16.12 and its 200 day moving average is $16.46. Flaherty & Crumrine Preferred Securities Income Fund has a fifty-two week low of $14.77 and a fifty-two week high of $17.00.
Flaherty & Crumrine Preferred Securities Income Fund Company Profile
Flaherty & Crumrine Preferred Securities Income Fund (NYSE:FFC) is a closed-end management investment company that seeks to provide investors with high current income as its primary investment objective. Launched in 1995, the fund pursues this goal by investing primarily in preferred securities, including U.S. and non-U.S. preferred stocks, trust preferred securities, and certain convertible and hybrid instruments. The fund’s diversified portfolio typically spans corporate, financial and utility sectors, with a focus on instruments that offer attractive dividend yields.
In constructing its portfolio, FFC may employ leverage to enhance income generation and diversify across credit qualities and maturities.
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